KGL 0.00% 9.5¢ kgl resources limited

But with housing stuck in neutral and a European recession on...

  1. 14,115 Posts.
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    But with housing stuck in neutral and a European recession on the horizon, economists believe QE3 is all but certain.

    and that is why the worst the news has become the more the US market has gone up.

    I am not saying the market will keep going up now with no more volatility and everything will be rosy now, but this is why I did not sell my gold stocks with everything else last June.
    It's also why I bought many more KGL under 11c a few months ago when many thought the market was sure to go lower.

    Here is one from Marc Faber.
    I have'nt had a chance to listen yet (14mins long) but its titled "Marc Faber: Relax, Stocks Will Not Collapse" so it may be worth a listen for those that are still sure markets will go lower (just for an alternative view).

    http://goldsilver.com/video/marc-faber-relax-stocks-will-not-collapse/

 
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